Cannae SPAC Presentation Deck
Sightline
Company Overview
Sightline Payments ("Sightline" or the "Company"), is a dynamic Financial Technology (FinTech)
company that is enabling the next generation of cashless, mobile and omni-channel payment
solutions for the gaming, lottery, sports betting, entertainment and hospitality ecosystems
The Company has more than 1.5 million enrolled Play+ accounts across its current portfolio of
more than 70 programs in 39 States, and is poised to build on this presence, commensurate
with the expansion visible in the underlying markets it serves
- One of the key segments the Company serves is online gaming (both sports betting and
iGaming), which is expected to build from $3 billion in total revenue to $22 billion over the next
five years
▪ In addition, the Company's digital payment solutions directly address the wider gaming
industry's opportunity to transform traditional gaming floors into cashless ecosystems, a $90
billion revenue market serving over 100 million customers annually
Sightline is based in Las Vegas, Nevada
- Play+ is Sightline's flagship solution for seamless and secure pay-and-play with more than 1.5
million enrolled accounts
■
Play+ is the leading cashless mechanism for users to safely and easily store money and
fund their entertainment online, on the gaming floor, and on sports betting platforms with
instant access to their money
▪ The Play+ solution has proven valuable to operators and customers given the accelerating
demand for digital payments and cashless integration
The safety, security, and convenience of use within digital gaming channels has triggered a
massive increase in consumer interest and casino operator demand for cashless digital payment
technologies, generating tremendous sales growth for Sightline Payments solutions
Source: Public company filings and company management as of 8/5/2021.
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Investment Overview
On April 1st, 2021, Cannae announced a $32 million investment in Sightline Payments as part of a
completed $100 million funding round
Sightline
Cannae Investment Summary
Investment Date
In addition to Cannae, strategic investors in Sightline Payments include Searchlight Capital
Partners, Point Break Capital, Shift4 Ventures, Genting Group, and Vectr Ventures
Total Invested
Capital
2021
$32M
●
CH
Invested March 31, 2021
CANNAE
HOLDINGS, INC.
Cannae invested $32M
CANNAE HOLDINGS INVESTOR PRESENTATION AUGUST 2021 26View entire presentation